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Dec 7, 2012
12/12
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18% say yes, the economy is getting stronger. 32% say no. more americans have just stopped looking for jobs. 16% say the jury is out, still worried about the fiscal cliff and 34% say i think the number is bogus to begin with. let's see what's coming up on "street signs." >>> wow. not sure i can top that one, tyler. but thank you. have we become a nation of pessimists whether our expectations for job creation has dropped so low or are we just realists? netflix ceo getting himself into hot water with a facebook post. does the s.e.c. really have a case against him or do the laws need to change with regard to social media? >>> and could pot help us solve our fiscal problems? guys, we are calling this the fiscal splif and we will rise above it, mon. "street signs" it is australian for business news. >> thanks, brian. see you at 2:00 p.m. >>> steve case is one of america's greatest entrepreneurs, best known as co-founder of america online, along with dozens of other investments such as living social and zip car and really too many to name. these d
18% say yes, the economy is getting stronger. 32% say no. more americans have just stopped looking for jobs. 16% say the jury is out, still worried about the fiscal cliff and 34% say i think the number is bogus to begin with. let's see what's coming up on "street signs." >>> wow. not sure i can top that one, tyler. but thank you. have we become a nation of pessimists whether our expectations for job creation has dropped so low or are we just realists? netflix ceo getting...
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Nov 30, 2012
11/12
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terms of the economy and getting people employed again. we don't want to go with an austerity approach like europe that will put us into potentially a double dip recession. >> speak to me about another issue that you've really been on the forefront of, and that is immigration reform, specifically as it pertains to highly educated and highly qualified students and individuals who are in the united states. the house basically has just passed a bill that would allow them to stay in the united states longer but it doesn't look like it has much future in the senate. what are your thoughts? >> this is an issue where we really ought to be able to get to yes. i've introduced legislation to try to address this issue and make sure that we can provide visas to people that graduate with degrees, advanced degrees from the united states institutions, in engineering, in math and science. so i don't think we're all that far apart but there hasn't been a willingness yet to come to resolve some of the remaining issues. but this ought to be really a no-brain
terms of the economy and getting people employed again. we don't want to go with an austerity approach like europe that will put us into potentially a double dip recession. >> speak to me about another issue that you've really been on the forefront of, and that is immigration reform, specifically as it pertains to highly educated and highly qualified students and individuals who are in the united states. the house basically has just passed a bill that would allow them to stay in the...
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Dec 5, 2012
12/12
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economy? we'll show you some stats to make you go -- hmm. we'll talk more about apple's slide, should microsoft's ceo steve ballmer get the boot if the surface fails. and we will introduce to you quite possibly the world's dumbest demolition crew. it involves a multi-million dollar bore chateau and really bad bulldozing. >> yikes. see you at 1:00, brian. thank you. >>> listen up wall street recruiters, a recent rash of college cheating scandals has shown academic dishonesty is unfortunately a very big problem on campus today. who are the worst offenders? tonight's premier of "faking the grade -- classroom cheaters," we'll tell you. they'll find out which students are most likely to cut corners in the battle to gain an edge. >> reporter: don mccabe and his canadian colleague collaborate on research. mccabe says in the u.s. business students cheat the most. engineering students are often near the top of the list. and so are communications and journalism students. women studied at one university said they don't cheat when they're in a women-onl
economy? we'll show you some stats to make you go -- hmm. we'll talk more about apple's slide, should microsoft's ceo steve ballmer get the boot if the surface fails. and we will introduce to you quite possibly the world's dumbest demolition crew. it involves a multi-million dollar bore chateau and really bad bulldozing. >> yikes. see you at 1:00, brian. thank you. >>> listen up wall street recruiters, a recent rash of college cheating scandals has shown academic dishonesty is...
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Dec 6, 2012
12/12
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americans all around the world, when people get a little harsh on what happened to the american economy, what happened to american manufacturing, everyone says, well, you know, we have apple, it used to be, well, we have ford motor. and we still do, thankfully. i think there's two companies where we take their brand name and we go there. and one is sony and the trajectory of sony over the years. and that's an interesting exchange. and the other is samsung and i go right at him with the full weight and power of this new samsung ad campaign by bobby fairly, the hollywood director behind "dumb and dumber" and "something about mary." you've seen it, it is blistering, very sarcastic and very satirical. he talks about the rivalry and pressure between the two. >> and very concerned, mr. cook, always about copycatting by companies like samdung with whom they've had a longstanding patent infringement battle. what did he say, if anything, about apple tv, the next device that many people think they're about to bring out? >> tyler, he laid out the entire plan and showed me all the mock-ups and i'd
americans all around the world, when people get a little harsh on what happened to the american economy, what happened to american manufacturing, everyone says, well, you know, we have apple, it used to be, well, we have ford motor. and we still do, thankfully. i think there's two companies where we take their brand name and we go there. and one is sony and the trajectory of sony over the years. and that's an interesting exchange. and the other is samsung and i go right at him with the full...
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Dec 3, 2012
12/12
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tyler, back to you. >>> to the housing economy now. construction spending rising by the most in five months, up 1.4% in october. as it stands, home building is expected to add to economic growth this year for the first time since 2005. we also have new dethat on the state of foreclosure in america. diana olick has it all for us from washington. >> tyler, numbers are coming down. in this case that's a good thing. 58,000 completed foreclosures in october according to core logic, down 25% from september which did see a big upward revision but still we're down 17% from a year ago. although we're still running at three times the historical norms. got to keep it real, people. anyway, california, florida, michigan, georgia and texas made up half of the foreclosures. the rest are new york, new jersey, illinois and nevada. four out of five are judicial states where you need a judge to sign off on each foreclosure. nevada seeing a big slowdown due to new laws there protecting borrowers. expect to see more of a drop in foreclosures in the coming
tyler, back to you. >>> to the housing economy now. construction spending rising by the most in five months, up 1.4% in october. as it stands, home building is expected to add to economic growth this year for the first time since 2005. we also have new dethat on the state of foreclosure in america. diana olick has it all for us from washington. >> tyler, numbers are coming down. in this case that's a good thing. 58,000 completed foreclosures in october according to core logic,...
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Dec 4, 2012
12/12
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economy. >> more in 2012 than they otherwise would have gotten. >> absolutely. >> maybe after the first of the year with all these folk, see more spending on luxury items as well. people probably spend some. >> we hope so. >> sue, thanks. >>> guys, we are watching shares of facebook today the social media giant unveiling a new tweak to its instant messaging app. facebook up just about 2%. you don't even have to be a member to use this new app and julie boorstin is in los angeles with the three things you need to know this deal. hi, julia. >> hi, sue. well, facebook is continuing its big push to make money on mobile users by offering its messenger app to billions of people around the world with phones and no longer limiting that app to facebook users. here's the deal. first, mobile messenger is a free app for texting, group chat and photo sharing with no per-text fees. just carrier's regular data costs. doesn't yet yield direct revenues to facebook but it is serving as a gateway to join the soc
economy. >> more in 2012 than they otherwise would have gotten. >> absolutely. >> maybe after the first of the year with all these folk, see more spending on luxury items as well. people probably spend some. >> we hope so. >> sue, thanks. >>> guys, we are watching shares of facebook today the social media giant unveiling a new tweak to its instant messaging app. facebook up just about 2%. you don't even have to be a member to use this new app and julie...
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Nov 29, 2012
11/12
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economy to tell you about. it grew faster than expected in the third quarter. gdp expanding at an annual rate of 2.7% topping last month's estimate of 2%. our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i want to do 3%, 3.5%, 4% with strong consumer spending and strong business spending. those will be a sustainable path for the economy. >> can't let you go without a little fed speak. mr. dudley, new york fed chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've bee
economy to tell you about. it grew faster than expected in the third quarter. gdp expanding at an annual rate of 2.7% topping last month's estimate of 2%. our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government...